AUTHOR: EDOZIE, EMMANUEL .S.
DEPARTMENT: BUSINESS ADMINISTRATION
AFFILIATION: NNAMDI AZIKIWE UNIVERSITY, AWKA
The study examined the contributions of Materials Management to organizational effectiveness, determined all the areas covered in the materials management functions, ascertained the level of attention given to the materials management functions in the telecom industry, and found out how appropriate materials management strategies could lead to cost savings and profitability. To realize the stated objectives of the study, the researcher sought to answer six research questions. Three hypotheses were formulated to guide this study. Correlation co-efficient and Chi-square were used to test the Null hypothesis. The researcher prepared and distributed a total of fifty five (55) questionnaires comprising of twenty four (24) open ended/close ended questions each. Out of these, fifty (50) ere received and analyzed. At the end of the study, it was found that effective and efficient materials functions contributes to the improvement of performance, leads to a significant reductions in the total materials cost, and helps to enhance the profitability of the telecom industry. It was recommended that the organizational structure of the Telecom industry should be redesigned to consolidate the existing Materials Management department, The Materials Manager should be given the free hand to carry out his functions, He should be made to report to an officer not below the rank of General Manager, The process of competitive bidding should be made more transparent, and various cost reduction strategies should be used where necessary.
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Tags: ABC analysis or 80/20 techniques, Business Administration-Thesis-2010, Competitive Tendering, Containerization, Cost Reduction Techniques, CPFR (Collaborative Planning Forecasting Replacement), Critical Path Analysis/Method (CPM or CPA), Distribution Requirement Planning (DRP), Economic Order Quantity (EOQ), Enterprise Resource Planning (ERP), History of Materials Management, Inventory Control, Inventory Decision, Inventory Management, Just-In-Time (JIT), Liberalization of Telecommunication in Nigeria, Logistics, Management, Management Activity, Manufacturing, Materials, Materials Management, Materials Management Policies of Telecommunication Industries, Materials Requirement Planning (MRP), Negotiation Technique, Objectives of Materials Management, Objectives of Purchasing, Organisation of Materials Management, Outsourcing, Purchasing Cycle, Purchasing Ethics, Purchasing Management, Purchasing Mix, Scope of Materials Management, Strategy, Supply Chain Process, Telecommunication industry, Transportation, Transportation Documentation, Types of Inventory, Types of Purchase, Value analysis (VA), Value engineering (VE), Variety Reduction, Zero defects